TBased on the trend of TQQQ you can expect on 7/20 that the ETF will go down to 111 levels. That's when the Nasdaq 100 reaches a level of support for the short term if the trend holds. I'm calling 111 for 7/20 with a possibility of going down as far as 110.5. This may be a chance to take a risky short in the current uptrend of the Nasdaq 100 but this is where it...
TQQQ is set to bounce up past 112 this week, then settle around there. That's a few percent gain during the week baring any potential bad news. Its set to go higher even long term as we can see from our trend lines it just passed through a support level and now its gaining and has been gaining since hitting the bottom last week. Right now I'm a buyer up until...
Hello Traders,
It seems that there is a new bullish market that is being prepared.
Below, two ETF TQQQ and UPRO... which can be introduced in a portfolio...
As you want in fact...
TQQQ :
UPRO :
Bye
I will look for TQQQ short based on possible bear flag, small volume on bounce previous week and weaker buying then selling pace at this moment. I will also follow TXN, RTRX and other ideas for long and short: more ideas at tinyurl.com
Is all on the chart :) Got in at $76.92 now up at a substantial gain at over $10. The only thing that makes sense to do is wait for a short if/when this support level is broken, but in this market? I'm setting up for a downward biased, neutral trade.
Check out related idea for reference, and thanks for viewing!
TQQQ broke through the two previously established levels of support and past our focus line, we're hoping for some more weakness before the getting in for the bounce.
Long term we're overdue for a correction, trading with caution is probably a good idea. Next trade I'm waiting for the price to come closer to or past the trend line in red around $76 at the moment.
There is very little to say out of all the markets the NASDAQ has the most room to run and the triple q,s have captured quite a bit recently however will continue to accelerate the growth to catch up to the rest of the markets . Put a tight stop at WXT 75.92 which will start a sell like the other stocks I have shown examples of like GLOG GLOP , besides that it...
Yea! As I projected at 9:42am the market has headed down past our focus area. Now we're just going out for a fishin'…. Just waiting for an optimal point to buy!… Oh yea, I'll post that Buy Point!… Just follow me :)
View previous Focus Alert:
ps. would love to hear your comment/opinion too!
